LOS ANGELES--(BUSINESS WIRE)--The Security Token Academy, an organization focused on the forthcoming security token revolution, announces its first New York Financial Summit on June 11 at the Conrad Hotel in NYC.
The Summit will feature expert discussions focused on the transformative and disruptive impact new security token exchanges and trading organizations will have on the financial services industry. Key industry players are being brought together in the New York Financial District for a one-day conference featuring former Nasdaq Vice Chairman David Weild as the keynote speaker.
The event will also feature commentary from top experts in the security token, blockchain and crypto communities including executives from Alphapoint, CoinList, Open Finance Network, Sharespost, Start Engine, tZERO, and more. Topics of panel discussions will include:
- The basics of security token trading and exchange organizations
- The impact security tokens could have on liquidity premiums
- Disruption versus collaboration with existing players in financial services and if the next-generation token trading platforms/exchanges collaborate with, or disrupt, Wall Street
- Decentralized versus centralized exchange formats for security tokens
- Pros and cons of tokenizing on public versus private/enterprise chains
- The role of security token advisors and whether traditional advisors such as investment banks will enter this market and be displaced or simply marginalized
Experts in the crypto economy are predicting that in 2018, Security Token Offerings (STOs) will be a key foundation for a new financial market. As regulatory compliant digital tokens, security tokens can support investors and companies in improving liquidity and efficiency of both Initial Coin Offerings (ICOs) and existing securities such as real estate, equity and debt.
“While 2017 was the year of ICOs, I believe the security token industry will be born in 2018 and will potentially revolutionize the financial industry,” said Aubrey Chernick, founder of the Security Token Academy. “With the 12-month lockup on U.S. token trading for many ICOs ending this year, 2018 is the time that investors will be looking for operational Security Token Trading Organizations (ATS) and exchanges. This is a significant moment as the new Security Token Trading Industry comes to life and begins to transform Wall Street.”
The Security Token Summit will also benefit from support of newly named Chief Strategy Advisor, Stephen McKeon. McKeon is a finance professor at the Lundquist College of Business at University of Oregon, with prior experience including a venture capital backed Internet startup, and co-founding a commercial drone software company. As an expert in cryptoassets and security issuance, he has appeared on CNBC and his work has been cited in outlets including the Wall Street Journal, Financial Times and Forbes.
Security Token Academy was developed by Aubrey Chernick, the successful software entrepreneur who founded Candle Corporation and sold the company to IBM in 2004. Chernick is also the founder of NextGen Crowdfunding, LLC, the leading company that helps people explore equity crowdfunding, and ICOInvestor.tv, a platform helping people to explore the emerging field of the crypto economy with a focus on Initial Coin Offerings (ICOs).
For additional information about the event and to purchase tickets, please visit http://securitytokensummit.io.
About the Security Token Academy
The Security Token Academy is a new resource exploring the forthcoming security token industry. The Security Token Academy will offer an expert series of live online video, panel discussions, interviews and in-person events to explore the evolution of the security token industry. The Security Token Academy enables investors to understand the new and evolving security token and crypto-based investment industries, along with the associated opportunities and pitfalls.